Personal Training For Sale - Plymouth County, Massachusetts, MA

PROFILE: Established Personal Training Business In A Very Busy, Upscale Location.

AD/LISTING INFORMATION
Status: Available
State: Massachusetts
Location: Plymouth County
County: Plymouth
City: None Given
Primary Category: Service Related
Alternate Category:   None Given
CONTACT INFORMATION  
USABizMart Ad #:  126820
Seller Or Contact:  Mike Maak
Primary Phone:  508 828-2625
Alternate Phone:  None Given
Email Address:  See Form Below
Date Ad Started:  10/27/08
Date Ad Last Revised:   10/27/08

FINANCIAL INFORMATION
Asking Price: $219,000
Down Payment: Call/Email
Annual Revenue: $267,928
Annual Adjusted Net: $104,802
   
DETAILED INFORMATION
Franchise: Yes
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: No
Bkr To Bkr Cooperation: No

DESCRIPTION: Established In 2004, This Franchised Business Offers Their Clients A Unique Personal Training And Fitness Experience Tailored To Fit Their Needs, Whether It Is Weight Loss, Muscle Building, Recuperating From An Injury Or Just Wanting To Get In Shape. Clients Typically Sign Up For Three To Six Month Increments And Come In For Three Scheduled Sessions Per Week. The Business Currently Has Over 50 Clients Under Contract, Comprised Of 60% Women And 40% Men.

Located In A Busy And Upscale Strip Mall In A South Shore Commuter Town, This Business Is Surrounded By Professionals, Academics And Business People, All Target Customers For The Professional Service And Private Atmosphere Being Offered At This Studio.

The Owner Has Established A Very Profitable Operation With A Great Location, A Full Suite Of Top Notch Equipment, A Consummate Staff Of Professional Trainers, And A Customer Base And Reputation That Offers The Buyer A Strong Platform To Further Expand And Prosper With This Business.

The Franchisor Is Well Funded And Respected In The Industry. They Provide The Franchise Operator With Ongoing Marketing, Business And Technical Support, As Well As A Protected Territory.

Sales / Financial: Sales Have Been Consistent Since The Business Started, Ranging From $221,802 To $293,089, And Coming In At $267,928 For The Year Ended 12.31.07. The Cash Flow Has Been Positive Since The Business Opened, And Was $104,802 For The Year Ended 12.31.07. Cash Flow Is Totally Dependent On The Time And Energy The Owner Expends Working In The Business And On The Business. Sales In The First Quarter Of 2008 Are Up 17% From The Same Period In 2007.

Facility: The 2,300 SF Facility Has An Impressive Look And Feel And Includes Two Oversized Workout Rooms, A Cardio Area, Reception Area, Two Bathrooms, Changing Room, Business Office, And A Lunch Room / Storage Area. The Monthly Rent Is Approximately $2,350, Which Includes Their Share Of Property Taxes And Water Expense. The 5 Year Lease Has Approximately 1˝ Years Remaining With An Option To Renew For An Additional Five Year Term.

Additional: The Owner Is Selling Because She Owns Multiple Franchise Locations And Cannot Devote The Time To Manage And Operate Them By Herself. The Successful Formula Developed By The Owner In Running The Operation So Profitably Will Be Provided To The Buyer As Part Of An Intense Two Week Transition. In Addition, The Franchisor Will Provide A Full Week Of Training At Their Corporate Offices At No Charge.

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